Mortgage Checklist
Documents Needed
For Lender Review
>> Income Documents Letter of Employment Dated within 60 days Paystub Dated within 30 days If your income is variable you will also need: Your most recent T4 If pay is hourly, bonused, commissioned, or overtime If you are sole proprietor of your own business: Notice of Assessment Most recent NOA summary of your received Tax Return T1 General Most recent General Tax Return form Statement of Business Activities Most recent T2125 Tax form Confirmation of Payment If any taxes are owing, please provide confirmation of payment If you own a business that is a corporation: Notice of Assessment Most recent NOA summary of your received Tax Return T1 General Most recent General Tax Return form 2 Years of Financials Prepared by an accountant
>>Downpayment Documents 90-day account history Bank account(s) where the down payment will be drawn from Please ensure your name and account number are clearly identified on your account history. As well, large deposits will always require a history of 90 days. If possible, it's best to leave money where it is instead than of moving it from account to account.
>>Subject Property Accepted Offer to Purchase Of the property you are purchasing MLS Listing - PDF Property details – your realtor can provide this information Lease If applicable Confirmation of Condo Fees If applicable
>>Your Banking Info VOID Cheque Or Pre-Authorized Debit Form